Salmonella Testing Is Estimated To Witness High Growth Owing To Rising Food Safety Concerns
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| Salmonella testing market |
The Salmonella testing market is estimated to be valued at US$ 2.91 Bn in 2023 and is expected to exhibit a CAGR of 7.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
The Salmonella testing market involves detection and identification of
Salmonella bacteria that causes food poisoning. The key products in the market
are assays, kits and reagents that are used to test food samples, clinical
samples and environmental samples for the presence of Salmonella. Major
end-users include food processing companies, pharmaceutical companies, clinical
laboratories and research institutions.
Market Dynamics:
Rising global outbreaks of foodborne illnesses caused by Salmonella
infection is a major factor driving growth of the Salmonella testing market.
According to WHO, non-typhoidal Salmonella causes over 90 million cases of
gastroenteritis each year globally. Growing consumer awareness about food
safety and stringent regulations mandating Salmonella testing of various food
products is also fueling adoption of rapid testing methods. Technological
advancements introducing portable and microfluidic devices for onsite and
point-of-care Salmonella detection present lucrative growth opportunities.
Moreover, expanding applications of Salmonella testing from food to
pharmaceutical, clinical and environmental sample analysis would further propel
the market growth over the forecast period.
SWOT Analysis
Strength: Salmonella testing market is growing rapidly due to increasing
incidence of salmonellosis across the globe. Presence of advanced and accurate
testing kits and services allows early detection of salmonella. Rising
awareness regarding food safety and quality is driving the market.
Weakness: High cost associated with advanced testing technologies limits its
adoption in underdeveloped regions. Lack of infrastructure and skilled
professionals poses challenge, especially in low and middle income countries.
Opportunity: Growing food industry in developing nations along with favorable
government initiatives for food safety creates lucrative opportunities. Rapid
advancement in technologies such as PCR, immunoassays offers scope to develop
improved test kits.
Threats: Changing regulatory landscape and stringent approvals delay product
launch. Differences in food safety standards across countries act as a barrier.
Emergence of alternative technologies poses threat.
Key Takeaways
The Global
Salmonella Testing Market is expected to witness high growth,
exhibiting CAGR of 7.8% over the forecast period, due to increasing foodborne
illnesses worldwide. According to CDC, salmonellosis causes around 1.35 million
infections annually in the U.S.
Regional analysis: North America dominates the global market owing to stringent
food safety regulations and major presence of key players. Asia Pacific
exhibits fastest growth due to rising awareness, improving healthcare
infrastructure and expanding food industry in countries like China and India.
Key players operating in the Salmonella Testing market are Thermo Fisher
Scientific, Merck KGaA, bioMérieux SA, Neogen Corporation, QIAGEN N.V., 3M
Company, PerkinElmer Inc., Romer Labs Division Holding GmbH, Eurofins
Scientific, Hardy Diagnostics, Charles River Laboratories International Inc.,
LabCorp, R-Biopharm AG, Biomerica Inc., Zeulab S.L.
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